✉news BusinessEconomy first seen 1 d ago, last 1 d ago, peak #13
Economy grew 3.4% in third quarter, beating forecasts
Original: Economy in Q3 grew 3.4%, exceeding forecasts amid persistent inflation
The economy expanded at a 3.4% annual pace in the third quarter, outpacing analyst forecasts despite inflation that remains elevated. The stronger-than-expected growth figure suggests consumer and business activity held up better than anticipated, even as price pressures persist and policymakers weigh the data when considering the path of interest rates.
Why now: The stronger-than-expected GDP print contrasts with ongoing inflation worries, making it a focal point for economists and markets.
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